Entrepreneur Awareness and Special Vendor Development Program
Organized by the International Navodaya Chamber of Commerce (INCOC) in collaboration with the Ministry of Micro, Small and Medium Enterprises, Government of India.
About the Event
The International Navodaya Chamber of Commerce (INCOC), in collaboration with the Ministry of Micro, Small and Medium Enterprises, Government of India, successfully organized an “Entrepreneur Awareness and Special Vendor Development Program” at the auditorium of Manorama Hotel. The program witnessed enthusiastic participation from entrepreneurs, professionals, and representatives of Micro, Small and Medium Enterprises (MSMEs) from across the region. The event aimed to create awareness about government schemes, promote entrepreneurship, and encourage MSMEs to participate in national procurement and digital platforms.
Objective & Initiative
The initiative was part of the ongoing efforts of INCOC to strengthen the MSME ecosystem by connecting entrepreneurs with government initiatives, financial institutions, and digital marketplaces. The program provided an excellent platform for participants to learn about various schemes of the Government of India and explore opportunities to expand their businesses.
150+
Participants
6
Expert Speakers
100%
Engagement
Distinguished Speakers
Ayush Kumar
Chief Guest, District Industries Officer and General Manager
Emphasized MSMEs as backbone of Indian economy, encouraging entrepreneurs to leverage government schemes.
J. K. Jamuwar
Lead District Manager
Spoke about banking support, credit schemes, and financial discipline
I. A. Ansari
Senior Branch Head, National SC-ST Hub
Explained schemes for SC/ST entrepreneurs, vendor development, and procurement access.
Roshan Kumar
Session Speaker
Delivered session on GeM portal and digital procurement opportunities.
Sandeep Kumar (FCMA, CA)
Founder of INCOC
Shared vision of strengthening MSME ecosystem.
Manoj Singh
Bihar-Jharkhand Head, INCOC
Explained TReDS and working capital solutions.
Event Highlights
Government Schemes Awareness
The event focused on creating awareness about various government schemes designed to support MSMEs. Participants learned about opportunities for financial assistance, vendor development, and digital integration to help scale their businesses.
Banking & Financial Support
Banking institutions highlighted credit schemes, loan facilities, and financial discipline practices crucial for entrepreneurial success. The session emphasized the importance of maintaining healthy financial records and leveraging institutional support for business growth.
SC-ST Hub Initiatives
The National SC-ST Hub presentation outlined special schemes for SC/ST entrepreneurs, focusing on vendor development programs and enhanced procurement access. These initiatives aim to promote inclusive growth and create equal opportunities for underrepresented communities in the business ecosystem.
GeM Portal Explanation
The Government e-Marketplace (GeM) portal session provided comprehensive guidance on digital procurement opportunities. Participants learned how to register, navigate the platform, and access government tenders, opening new avenues for business expansion through public sector procurement.
INCOC Mission
The International Navodaya Chamber of Commerce continues its mission to strengthen the MSME ecosystem by creating platforms that bridge entrepreneurs with government initiatives, financial institutions, and market opportunities. This event exemplified INCOC’s commitment to fostering sustainable business growth and economic development.
TReDS Explanation
Trade Receivables Discounting System (TReDS) was explained as an innovative solution for working capital management. This electronic platform facilitates financing of trade receivables from MSMEs through multiple financiers, helping businesses improve cash flow and maintain operational efficiency.
Event Success & Impact
The program successfully achieved its objectives of awareness creation, knowledge sharing, and networking. Participants left with actionable insights, new connections, and a clearer understanding of how to leverage government support systems for business advancement. The positive feedback and active participation demonstrated the event’s significant impact on the local entrepreneurial community.